Account Services

We understand that banking is all about building and maintaining strong relationships. Those relationships start with a commitment to personal service, and it is that commitment that sets us apart. You are assigned a knowledgeable and experienced representative to help you with any questions, or needed assistance.

FIRE is Bankers’ Bank’s product used to send and receive cash letter files, perform check adjustments and derive returns. Initiating and receiving wire transfers is near real-time within the FIRE software. You may also send and receive ACH files, coin and currency requests, large dollar notifications, and more.

Federal Reserve Pass-Through Account -

Uphold your FRB reserve requirement and eliminate the need of maintaining an account at the Federal Reserve. We will hold any deficiencies in your name to meet cash requirements and return the funds as the maintenance period ends. Interest earned will be posted directly to your Bankers’ Bank account.

The stronger your cash letter exchange network, the greater the rewards are for each partner. We invite you to join us and find out what your neighboring banks already know... OWN.IT™ is the leading network of its kind, exchanging checks internally at Bankers’ Bank, client to client, relaying the benefits to participating institutions across the Midwest. An exchange analysis can be provided upon request, which will analyze your current image exchange clearing costs against possible savings with OWN.IT.

Meet the international needs of your customer and keep them from doing business with your competitor. Benefit from real-time processing, an extensive product list, and competitive exchange rates. Our knowledgeable associates provide your staff with a complete on-line, real-time international solution.

OFAC Checking -

Automated OFAC checking is available for all wire transfers within FIRE. IAT ACH files can also be scanned.

Beginning January 1, 2013, all of a depositor’s accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.

Bankers’ Bank provides this website as a convenience to its customers and financial institutions. The information provided on this website is intended to be used by our customers and prospective customers in the normal course of their business, and is provided for informational purposes only. None of the information provided on this website may be reproduced or redistributed without prior written consent of Bankers’ Bank. By using this website or the information, data or materials available on this website ("information") you acknowledge and agree to the Terms and Conditions set forth on this website. We reserve the right to change the terms and conditions at any time without notice. If you do not agree to these terms and conditions, do not use this website.